1887

Cost of Late Action - the Case of PCB

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The purpose of this study is to estimate environmental costs for the use of polychlorinated biphenyls (PCBs) in the European Union. The result of the estimate is that these costs in the EU of 25 members, will be at least EUR 15 billion (British milliards) 1971-2018. The estimate is based on information on costs in Sweden for the remediation of buildings, soil and waste, for administration, research and other related costs and on data about PCB production up to 1984 in the five largest of the EC Member States. The study confirms that early action in order to avoid chemicals pollution gives considerable environmental benefits to society. This is of particular interest to the future legislation on chemicals placed on the market of the European Community and the proposal of the European Commission to introduce a system for the registration, evaluation and authorization of chemicals (The REACH system). One main aim is to prevent missteps similar to the case of PCB. EC Member States will avoid huge costs in the future if missteps of this kind could be prevented by the new legislation.

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Summary 1

The study concludes that the estimated environmental costs for the PCB misstep in EU25, during the years 1971 to 2018, will reach a total of at least EUR 15 billion. Costs have been derived from a case study attesting that actual costs in Sweden are expected to amount to EUR 320 - 550 million (SEK 3,5 – 4,5 billion).

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